Highbridge Capital Management Reports New 7.6% Stake in SPACSphere Acquisition Corp.
On May 15, 2026, Highbridge Capital Management, LLC filed a Schedule 13G disclosing a new 7.6% ownership stake in SPACSphere Acquisition Corp. (SSAC). The reporting person, acting as an investment adviser to various funds and accounts, reported beneficial ownership of 1,390,123 Class A Ordinary Shares. The event triggering this filing occurred on March 31, 2026. According to the filing, Highbridge holds sole voting and dispositive power over all 1,390,123 shares. Notably, the Highbridge Tactical Credit Master Fund, L.P. has the right to receive dividends or proceeds from the sale of more than 5% of the outstanding Class A Ordinary Shares. The calculation of the ownership percentage is based on 18,200,849 Class A Ordinary Shares outstanding as of March 27, 2026. The filing includes a certification that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Highbridge is organized as a Delaware limited liability company with principal offices in New York.